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China’s official manufacturing PMI for July will be released in ten minutes.According to Jinlianchuang Futures, the price adjustment of refined oil products will be implemented as scheduled at 24:00 on July 31. The increase in this round is: gasoline 685 yuan/ton, diesel 655 yuan/ton, which translates to 0.51 yuan/liter for 89#, 0.54 yuan/liter for 92#, 0.57 yuan/liter for 95#, and 0.57 yuan/liter for 0#.GFZ (German Center for Geosciences): A 5.6-magnitude earthquake struck the Peru-Brazil border region.On July 31, it was reported that on July 30, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, co-chaired the sixth meeting of the Standing Working Group on China-Russia Border Region Economic and Trade Cooperation and Special Economic Zone Cooperation, and the twenty-first meeting of the Standing Working Group on China-Russia Forest Resource Development and Utilization, with Russian Deputy Minister of Economic Development Ilyichev and Russian Deputy Minister of Industry and Trade Yulin, respectively, in Moscow. Ling Ji stated that in recent years, economic and trade cooperation between neighboring regions of China and Russia has maintained a good momentum of development, with key investment projects progressing steadily and industrial park cooperation continuously deepening. He expressed hope that the neighboring regions of China and Russia would leverage their unique advantages to further expand trade volume, vigorously develop flexible trade methods such as cross-border e-commerce and border trade, improve port throughput capacity and facilitation, actively develop river-sea intermodal transport, and successfully host the China-Russia Expo. China is a major consumer and trader of forest products, and in terms of forestry cooperation, China and Russia have already formed a close cooperative relationship across the upstream and downstream supply chains. Both sides expressed their hope to continuously enrich the types of forest products traded, actively and steadily carry out in-depth processing cooperation, strengthen joint research on forest carbon sequestration, promote cooperation in logging and processing equipment, and enhance the alignment of green building material standards, thereby contributing to the achievement of the two countries "dual carbon" goals. They also hoped that Russia would earnestly protect the legitimate rights and interests of Chinese-funded enterprises.S&P 500 futures rose 0.3%, while Nasdaq futures extended their gains to 1.1%.

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